Spruce Cash Conversion Cycle from 2010 to 2024

SPRU Stock   3.01  0.12  4.15%   
Spruce Power Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 29.62 in 2024. From the period from 2010 to 2024, Spruce Power Cash Conversion Cycle quarterly data regression had r-value of  0.24 and coefficient of variation of  142.99. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
31.18316818
Current Value
29.62
Quarterly Volatility
359.54751368
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spruce Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spruce Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.7 M, Interest Expense of 44 M or Selling General Administrative of 47.7 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0 or PTB Ratio of 0.36. Spruce financial statements analysis is a perfect complement when working with Spruce Power Valuation or Volatility modules.
  
Check out the analysis of Spruce Power Correlation against competitors.

Latest Spruce Power's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Spruce Power Holding over the last few years. It is Spruce Power's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spruce Power's overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Pretty Stable
   Cash Conversion Cycle   
       Timeline  

Spruce Cash Conversion Cycle Regression Statistics

Arithmetic Mean251.44
Geometric Mean162.24
Coefficient Of Variation142.99
Mean Deviation180.20
Median172.04
Standard Deviation359.55
Sample Variance129,274
Range1.5K
R-Value0.24
Mean Square Error130,956
R-Squared0.06
Significance0.38
Slope19.59
Total Sum of Squares1.8M

Spruce Cash Conversion Cycle History

2024 29.62
2023 31.18
2022 1528.19
2021 326.23
2020 172.94
2019 135.07

About Spruce Power Financial Statements

Spruce Power shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Spruce Power investors may analyze each financial statement separately, they are all interrelated. The changes in Spruce Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Spruce Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle 31.18  29.62 

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Additional Tools for Spruce Stock Analysis

When running Spruce Power's price analysis, check to measure Spruce Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spruce Power is operating at the current time. Most of Spruce Power's value examination focuses on studying past and present price action to predict the probability of Spruce Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spruce Power's price. Additionally, you may evaluate how the addition of Spruce Power to your portfolios can decrease your overall portfolio volatility.